US Dollar Remains Global Dominant in Trade and Currency Payments
- 9 years 3 weeks ago
- Trade Finance, Payments
New research published today sheds light on the patterns of trade and currency payments between the Europe, Americas and Asia-Pacific regions from 2012 to 2014 and examines the key drivers behind currency choices and regions of growth.
SWIFT Announced to Join Linux Foundation to Boost Blockchain Technology
- 9 years 3 weeks ago
- Payments, Infrastructure
- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, today announced a new collaborative effort to advance the popular blockchain technology. The project will develop an enterprise grade, open source distributed ledger framework and free developers to focus on building robust, industry-specific applications, platforms and hardware systems to support business transactions.
IDFC Bank Chooses Global Transaction Banking Solution by Intellect
- 9 years 3 weeks ago
- Transaction Banking
Intellect Design Arena Ltd, a specialist in applying true digital technologies across banking and insurance, announced that IDFC Bank, a subsidiary of India’s leading integrated infrastructure finance company, IDFC Ltd., has successfully implemented Intellect’s Global Transaction Banking (iGTB) solution suite. This combined digital solution by Intellect Design Arena will play a key role in IDFC Bank’s growth plans, as it seeks to introduce a...
Fortune Coin Trading Platform to Go Live in Hong Kong
- 9 years 3 weeks ago
- Infrastructure
Hong Kong-based trading platform Fortune Coin will open on January 1, 2016, marking the first step in the company's globalization process.
Rasmala Selected Profile’s IMSplus to Enhance its Operations
- 9 years 3 weeks ago
- Investment, Management, Infrastructure
Profile Software, a leading financial solution provider, announced today the strategic selection of IMSplus, the award-winning investment management platform by Rasmala, a London-headquartered independent investment manager. The use of IMSplus will provide Rasmala with the operational efficiency, flexibility and competitive approach across their investment management transactions throughout their operations.
Skipton Goes Into 'Digital Age' with TIBCO Software’s Solution
- 9 years 3 weeks ago
- Data, Infrastructure
TIBCO Software Inc., a global leader in integration, analytics, and event processing is to drive a new era at Skipton Building Society by enabling it to seize more opportunities in the digital space through the adoption of its middleware solutions. Described as a major step for the 162-year-old mutual, the move will see TIBCO simplify and accelerate the integration of Skipton’s IT infrastructure. In doing so, it will help drive greater alignment...
MoneyFarm Announced Appointment of new CTO
- 9 years 3 weeks ago
- People Moves
MoneyFarm, the digital wealth management company, has appointed David Jeffery as Chief Technology Officer ahead of its UK launch. Prior to MoneyFarm, David worked at music site, Last.fm, where he spent three years as CTO, developing the company’s use of big data and software innovation that has been behind the business’ rapid growth. Prior to this, David was Chief Software Architect at Betfair for nine years, joining what was still a start-up...
MANGOPAY Teams Up with GoCardless to Boost Crowfunding Platforms
- 9 years 3 weeks ago
- Payments
MANGOPAY, the online payment API for marketplaces and crowdfunding platforms announces its partnership with London FinTech start-up GoCardless, specialists in online Direct Debit payments. Launching in early 2016, the partnership will provide MANGOPAY’s merchants with an easy way to set up and accept recurring payments.
Standard Chartered Bank Announced Appointment of Amar Rathor as Head of SC Studios
- 9 years 3 weeks ago
- People Moves
Standard Chartered Bank has appointed Mr Amar Rathor as Head of SC Studios San Francisco. Established in 2010, SC Studios is Standard Chartered Bank’s technology and innovation office strategically positioned in San Francisco at the hub of the Silicon Valley innovation ecosystem. SC Studios keeps the Bank at the forefront of key technologies and emerging trends.
R3’s Distributed Ledger Initiative Soars to 42 Bank Members
- 9 years 3 weeks ago
- Payments, Banking
Financial innovation company R3 has concluded its distributed ledger bank membership round with the addition of 12 new banks, bringing the total number to 42. Since its September launch, the company has seen a groundswell of interest in the consortium from financial services companies around the world.
Mangrove Capital to Invests £500,000 in Infinity Wireless
- 9 years 3 weeks ago
- Investment
Data recovery company Infinity Wireless Limited today announced £500,000 in venture round funding, led by Mangrove Capital Partners, an early backer of Skype and Wix with additional funding from existing investors Boundary Capital Partners. As part of the investment, Mangrove Partner David Waroquier will join the board.
Powa Technologies partners with UnionPay to Bring Instant Transactions and Mobile Commerce
- 9 years 3 weeks ago
- Transaction Banking, Payments, Mobile Banking
Powa Technologies has formed a 10-year strategic alliance with “limitless” potential to create a ubiquitous new standard in mobile commerce for China UnionPay’s (CUP) 1.3b credit and debit card users.
Atom to Expand Biometric Banking in the UK
- 9 years 3 weeks ago
- Banking, Security
Atom will be pioneering the use of biometrics in the UK banking industry, leading the way with face and voice biometrics as core credentials to log-in to your bank. Atom is the UK’s first bank designed for digital, offering easy and convenient banking via an app, due to launch in 2016. A personalised approach is at the heart of what Atom will offer, starting at the very first step of opening the ‘virtual doors’ of the bank. Face and voice...
Emergent Payments to Launch Jumpstart India Payment Solution
- 9 years 3 weeks ago
- Payments
Emergent Payments, a global payments company specializing in providing a total solution for emerging markets around the world, today announced the launch of its office in India and Jumpstart India -- a complete local solution to help global businesses capitalize on a $19 billion eCommerce opportunity.
Bloomberg Announced Acquisition of Barclays Risk Analytics and Index Solutions
- 9 years 4 weeks ago
- M&A Deals
Bloomberg L.P. announced today that it has entered into an agreement to acquire Barclays Risk Analytics and Index Solutions Ltd. ("BRAIS"), a leading provider of benchmark and strategy indices, portfolio analytics, risk and attribution models, and portfolio construction tools.